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Gallagher, a global insurance broking and risk management company, has acquired KROSE GmbH & Co KG, a German commercial insurance and reinsurance solutions provider, in an undisclosed transaction. KROSE, headquartered in Bremen, was establishe...
Posted: Feb 26, 2026
Willis, a WTW business, said it has started a Global Digital Infrastructure Group to be led by Alastair Swift, head of Willis Global Specialties. The announcement comes on the heels of a newly unveiled data center risk management framework. The ̷...
Posted: Feb 26, 2026
International specialist insurer Hiscox is curious about the growth opportunity in data centres and has deployed some capacity, but remains thoughtful given the potential accumulation risk, according to Joanne Musselle, Group Chief Underwriting Of...
Posted: Feb 26, 2026
The planet is getting warmer, and companies would do well to do a better job of protecting their workers from extreme heat. The post The H...
Posted: Feb 26, 2026
AI12 Limited, a specialist insurance and reinsurance broker headquartered in the Dubai International Financial Centre (DIFC), has appointed Jamie Eaton as Head of Financial Lines. The appointment follows the firm’s recent establishment in the DIFC...
Posted: Feb 26, 2026
Universal Insurance Holdings, the parent company of Florida-focused personal residential insurer Universal Property & Casualty Insurance Company, is taking a proactive approach to secure its catastrophe coverage for the coming years, reflectin...
Posted: Feb 26, 2026
Cotality Appoints Former USAA CEO Peacock to Board Property information and analytics provider Cotality said it appointed former USAA chief executive Wayne Peacock as an independent member of its board, effective Feb. 18. Peacock spent 36 years with...
Posted: Feb 26, 2026
Global reinsurers Munich Re and Swiss Re have backed a new “Double-Indemnity” structure from Instnt, an AI-led identity fraud insurance provider, and MarkIII, Inc. (MKIII), an embedded lending enablement platform, as the two companies introduce a...
Posted: Feb 26, 2026
Safety Insurance Group, Inc. reported that net income for the full year 2025 was $99.3 million compared to net income of $70.7 million for the 2024, a 40% increase. Net income for the quarter ended December 31, 2025 was $20.1 …
Posted: Feb 26, 2026
Risk-adjusted property reinsurance rates are trending down in 2026, and while the magnitude is uncertain, early indicators from the catastrophe bond market suggest a significant shift, Slide Insurance CEO and Founder, Bruce Lucas, noted during the...
Posted: Feb 26, 2026
Munich Re, one of Europe’s big four reinsurance companies, targeted portfolio optimisation and selective growth at the January 1st, 2026, renewals, shrinking its book by 7.8% year-on-year, but despite the softening environment, the reinsurer...
Posted: Feb 26, 2026
Arthur J. Gallagher & Co., the Rolling Meadows, Illinois-based insurance broker, announced the acquisition of Bremen, Germany-based Krose GmbH & Co KG (Krose). Terms of the transaction were not disclosed. Founded in 1920, Krose provides comme...
Posted: Feb 26, 2026
Insurance Business Magazine - US
Posted: Feb 26, 2026
Global specialty insurance and reinsurance broker McGill and Partners has renewed its Ukraine War Risks Reinsurance Facility for another year, with the maximum line per risk increasing from $50m to $100m. The facility is designed to support local...
Posted: Feb 26, 2026
Fitch Ratings, the credit rating agency, says that solvency capital ratios for insurers in the European Union with meaningful property exposures could edge higher if the European Insurance and Occupational Pensions Authority advances proposals to...
Posted: Feb 26, 2026
Insurers report higher claim severity in 2025, with defense costs and social inflation driving rate increases for 2026, according to Ames & Gough survey. The post
Posted: Feb 26, 2026
Building on its newly unveiled data centre risk management framework, Willis, a WTW business, has launched its Global Digital Infrastructure Group led by Alastair Swift, Head of Willis Global Specialties. According to Willis, the new group has bee...
Posted: Feb 26, 2026
New York's brief expansion of workers' comp mental health coverage offers a cautionary tale — and a roadmap for proactive employers. The post Les...
Posted: Feb 26, 2026
Global insurer Allianz has reported that its total business volume increased by 6.5% year-on-year to €45.7 billion in the fourth quarter of 2025, as operating profit across the Group rose 3% to €4.3 billion, with contributions from all segments. G...
Posted: Feb 26, 2026
West of England P&I Club has appointed Alexis Wildman as Head of Products, succeeding Richard Turner, who will retire later this year following a structured handover period. In her new role, Wildman will report to Bart Mertens, the Chief Under...
Posted: Feb 26, 2026
Global reinsurance broker Gallagher Re has appointed Roshan Perera as Managing Director, Head of the Asia Pacific (APAC) region, and Richard Jones as Chairman, APAC. Perera has over 25 years of industry experience across the APAC region. Most rece...
Posted: Feb 26, 2026
HDI Global, a commercial and specialty lines insurer, has announced the appointment of Mark Mackay as Global Head of Energy & Power, effective 1 March. Mackay will be succeeding Franz Adamczyk, who is stepping back from the role after decades...
Posted: Feb 26, 2026
Alongside its full-year 2025 results, which included underwriting income of $117.2 million and a combined ratio of 94.8%, Fidelis Insurance Group has announced its intention to change its name to Pelagos Insurance Capital Limited. Fidelis explaine...
Posted: Feb 26, 2026
A net zero alliance for asset managers has resurrected itself after shelving its work last year amid a wave of US defections. The Net Zero Asset Managers initiative now has more than 250 signatories, including Aberdeen Investments and Amundi SA, R...
Posted: Feb 26, 2026
PERILS, the Zurich-based catastrophe insurance data provider, has provided its first insurance industry loss estimate for the Victoria Bushfires, which took place from 7 to 13 January 2026 at AU$786 million. The PERILS estimate of the insurance ma...
Posted: Feb 26, 2026
Insurance Business Magazine - US
Posted: Feb 26, 2026
The reinsurance arm of French insurer AXA’s property, casualty and specialty risk division, AXA XL Reinsurance, reported on a comparable basis an 8% year-on-year increase in gross written premiums (GWP) and other revenues to €2.6 billion for the f...
Posted: Feb 26, 2026
Blue Marble, a firm that provides insurance protection for underserved communities, has reportedly made the largest parametric insurance payout ever recorded to smallholder farmers in Indonesia, with all 2,719 farmers enrolled in the program recei...
Posted: Feb 26, 2026
Global reinsurer Munich Re’s net result came in above target at €6.121 billion for the 2025 financial year, with a contribution of €5.204 billion from the reinsurance business following a strong performance in property and casualty (P&C)...
Posted: Feb 26, 2026
Berkshire Hathaway Specialty Insurance (BHSI), an insurer offering commercial property, casualty, and specialty coverage, has announced key promotions across its property leadership team. Ryan Abelli and Chris Lemoine have been named Co-Heads of W...
Posted: Feb 26, 2026
AM Best has revised the outlooks to stable from negative and affirmed the credit ratings for the members of Mercury Casualty Group (Mercury), based on Mercury’s net ultimate losses and reinsurance recoveries following the January 2025 California w...
Posted: Feb 26, 2026
A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annua...
Posted: Feb 26, 2026
A recent survey of more than 1,200 global businesses found that as artificial intelligence adoption accelerates, 82% of respondents report positive impacts on their organizations. Global insurance brokerage Gallagher recently released its third annua...
Posted: Feb 26, 2026
French beauty group L’Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump’s emergency trade measures, days after the...
Posted: Feb 26, 2026
The Florida Cabinet and Gov. Ron DeSantis agreed Tuesday to give Hillsborough College a 22-acre (49-hectare) plot of state land in Tampa to use for a proposed ballpark for the Rays. Last month, the Rays ownership entered a memorandum of …
Posted: Feb 26, 2026
The American Equity Underwriters, one of the largest providers of workers’ compensation insurance for waterfront employees, has named Jason Lake senior vice president and director of loss control. Lake will succeed Jimmy Burgin, who plans to re...
Posted: Feb 26, 2026